BANKING ANALYTICS

Ranking of the Azerbaijani banking sector (ranking includes the information component of the banking sector, the main events of the world economy, the analytical review of the main indices of the banks which are being ranked)

Yildiz was speaking to journalists during the opening ceremony of a geothermal power station in Aydin province in southwestern Turkey.

He said that the closure of Baiji refinery created 4,000 tons of daily gasoline need in Iraq.

Militants led by the Islamic State in Iraq and Levant, or ISIL, have extended its reach into Iraq since June 10, when they seized Iraq's second-largest city Mosul and soon afterwards took near-complete control of the cities of Tikrit and Tal Afar. ISIL also controls parts of Anbar province in the country's west.

On Wednesday, they seized the Baiji refinery, the largest oil refinery in Iraq. With oil production halted, long queues have begun to emerge in front of oil stations throughout the country.

Yildiz said Turkey's state-owned petroleum company TUPRAS has the capacity to respond to Iraq's gasoline demands, however, the transportation will cause long queues of tankers at Habur bordergate which has a limited capacity.

"Firstly, we will consult with our ministry of customs and trade," said Yildiz, stressing that the transportation would not be easy and would exceed the capacity of the bordergate.